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Monthly Archives: June 2014

Validea's Guru Investor Blog

A periodic look through the archives of the greatest investor in history

In Berkshire Hathaway’s 1983 Letter to Shareholders, Warren Buffett talked about his approach toward selling. Below is an excerpt from the letter.

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Operation Overlord: Order of the Day

Supreme Headquarters 
Allied Expeditionary Force

Soldiers, Sailors and Airmen of the Allied Expeditionary Force!

You are about to embark upon the Great Crusade, toward which we have striven these many months. The eyes of the world are upon you. The hopes and prayers of liberty-loving people everywhere march with you. In company with our brave Allies and brothers-in-arms on other Fronts, you will bring about the destruction of the German war machine, the elimination of Nazi tyranny over the oppressed peoples of Europe, and security for ourselves in a free world.

Your task will not be an easy one. Your enemy is well trained, well equipped and battle hardened. He will fight savagely.

But this is the year 1944 ! Much has happened since the Nazi triumphs of 1940-41. The United Nations have inflicted upon the Germans great defeats, in open battle, man-to-man. Our air offensive has seriously reduced their strength in the air and their capacity to wage war on the ground.

Our Home Fronts have given us an superiority in weapons and munitions of war, and placed at our disposal great reserves of trained fighting men. The tide has turned! The free men of the world marching together to Victory!

I have full confidence in your devotion to duty and skill in battle.
We will accept nothing less than full Victory!

Good Luck! And let us all beseech blessing of Almighty God upon this great and noble undertaking.

-General of the Army Dwight D. Eisenhower
Supreme Allied Commander

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